Commonwealth Trade
Debate between Andrew Rosindell and Lee Scott(11 years, 11 months ago)
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Andrew Rosindell (Romford) (Con)
I am grateful for the opportunity to bring to the House this debate on Commonwealth trade. Hon. Members will know that I have always held a strong and passionate belief in the Commonwealth of Nations. If I may say so, I consider it a travesty that so little has been done by successive Governments to realise the full potential that the Commonwealth offers. Although I commend Her Majesty’s Government and particularly my right hon. Friend the Foreign Secretary for putting the C back into the Foreign and Commonwealth Office, the capacity for building Commonwealth trade, which could stretch across every continent of the globe, is perhaps the area that has suffered most from the neglect of the past few decades.
Currently, 53 nations belong to the Commonwealth family. They range from the old dominions of Canada, New Zealand and Australia to countries from Mauritius to Jamaica, Cyprus to South Africa and Belize to Tuvalu. The newest member is Rwanda, which joined in 2009. The Commonwealth spans every time zone and yields a combined GDP of more than £5.2 trillion.
Mr Lee Scott (Ilford North) (Con)
I congratulate my hon. Friend on obtaining this important debate. Does he agree that increasing our trade with the Commonwealth can make us far less dependent on other areas?
Andrew Rosindell
I thank my hon. Friend for his intervention. He makes a valid point. We trade and must trade with the whole world. We have focused on one area of the globe in recent decades. I believe that it is time to look to a wider trade relationship, and the Commonwealth is a natural group of countries, with which we have so much in common. That relationship must be developed for trade in the years to come.